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Fidelity Emerging Markets Multifactor (FDEM)
Look-through valuation · Style & factor · Expense ratio 0.25 % · ISIN US3160925430
Price history (since 2019)
Monthly close since 2019. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. 2330 | 12.5 % | +10.0 % | 72 |
| Samsung Electronics Co Ltd SSNLF | 7.4 % | n/a | n/a |
| SK Hynix Inc 000660 | 4.8 % | +10.0 % | 68 |
| MediaTek Inc 2454 | 1.8 % | −41.0 % | 79 |
| China Resources Mixc Lifestyle Serv 1209 | 1.7 % | +49.3 % | 81 |
| TRUST FIBRA UNO MXCFFU000001 | 1.5 % | n/a | n/a |
| Petróleo Brasileiro S.A. - Petrobras PETR4 | 1.5 % | n/a | n/a |
| WuXi AppTec Co Ltd H 2359 | 1.4 % | +11.4 % | 75 |
| Bumrungrad Hospital PCL DRC BUGDF | 1.4 % | n/a | n/a |
| Aurobindo Pharma Limited AUROPHARMA | 1.1 % | +27.8 % | 57 |
| Sun Pharmaceutical Industries Limited SUNPHARMA | 1.1 % | +7.0 % | 65 |
| Sinopharm Group Co Ltd 1099 | 1.0 % | +200.0 % | 56 |
| Gold Fields Ltd GFI | 1.0 % | −49.2 % | 75 |
| PetroChina Company Limited 0857 | 1.0 % | n/a | n/a |
| China Shenhua Energy Co Ltd H 1088 | 1.0 % | −22.3 % | 65 |
| Inner Mongolia Yitai Coal Co Ltd 900948 | 0.9 % | −53.9 % | 52 |
| Gedeon Richter PLC 0QFP | 0.9 % | n/a | n/a |
| Asia Cement Corp 1102 | 0.9 % | +1.3 % | 53 |
| China Construction Bank Corp 0939 | 0.9 % | +75.1 % | 46 |
| Vale S.A. VALE3 | 0.8 % | n/a | n/a |
| Coal India Limited COALINDIA | 0.8 % | +10.0 % | 63 |
| Delta Electronics Inc 2308 | 0.8 % | −76.9 % | 58 |
| Press Metal Bhd 8869 | 0.8 % | +12.1 % | 64 |
| Sasol Ltd SOL | 0.8 % | n/a | n/a |
| Vedanta Limited VEDL | 0.8 % | +74.7 % | 53 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 49 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +87.2 % below FV
- 2 FXI iShares China Large-Cap ETF +57.2 % below FV
- 3 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +43.7 % below FV
- 4 MCHI iShares MSCI China ETF +41.9 % below FV
- 5 ITB iShares U.S. Home Construction ETF +31.4 % below FV
- 6 TAN Invesco Solar ETF +26.0 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.4 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +19.3 % below FV
- 9 ESPO VanEck Video Gaming and eSports ETF +18.3 % below FV
- 10 XIDV Franklin International Dividend Booster Index ETF +17.9 % below FV
Frequently asked about FDEM
Is FDEM overvalued?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of FDEM?
What is the expense ratio of FDEM?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Fidelity® Emerging Markets Multifactor ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Sep 25, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.